Watch loans at the lowest rates
Get More & Pay Less at Chapes-JPL.
Watch Pawn Shop
How Much is a Patek Philippe Worth?
When you’re looking to sell your Patek Philippe watch, there are many factors that you’ll want to consider. Whether you’re looking to negotiate a fair price or simply need a little extra cash, you’ll need to be sure that you know how much it’s worth. Knowing its worth will help you in negotiations and in planning your budget.
Timepiece is a statement on socio-economics
The first recorded pawn of a Patek Philippe timepiece took place in 1932. Its owners, Paulo Labouriau and Paulo Decourt, tried to address the issue to protect the company’s name, but the company’s size and the national crisis overwhelmed them.
It is a statement on independence
Buying luxury goods can be expensive and can make a statement about your independence and wealth. Wearing a Patek Philippe watch is considered to be a statement of status and power. Many people also view those who wear luxury items as more intelligent and attractive. When you pawn Patek Philippe for cash, you can take advantage of the value of your luxury item without worrying about losing its monetary value.
It is a statement on horology
Patek Philippe has a rich history of creating stunning timepieces, and is a statement in horology itself. Its history reaches back to the 18th century, when Polish watchmaker Antoni Patek and Swiss inventor Adrien Philippe founded the company. Queen Victoria was a fan of Patek Philippe’s timepieces and acquired a keyless pendant watch made by the company in 1851. Patek Philippe is credited with creating the first wristwatch in Switzerland. It also holds patents for many features of modern horology, including the perpetual calendar.
For 180 years, Patek has been at the forefront of horological innovation. The innovations it has made have helped define the way we measure time today. These innovations are meant to stand the test of time and are applied across the entire line of timepieces. The company’s horological philosophy is to create pieces that last for generations, so that future generations can appreciate them.
The brand’s Caliber 31-260 movement is an impressively discreet timepiece. The watch is thin, and the rotor is made of solid platinum. The result is a beautiful watch with a long history of longevity. Many of these timepieces are adorned with diamonds. Some of the best-known celebrities wearing the watch include Future and Quavo. The brand has also updated its classic Calatrava watch with a Clous de Paris bezel.
Patek Philippe has set its own standard of excellence for Swiss luxury watches. Its own quality mark is the ultimate mark of quality in the watchmaking industry. All of its mechanical watches carry this seal, and the company has become the biggest user and promoter of the quality mark.
It is a statement on diamonds
When you pawn a Patek Philippe for cash, you’re making a statement about diamonds and watches. This classic timepiece is among the world’s most counterfeited goods. It’s also one of the most expensive. Last year, a Patek Philippe watch sold for more than PS24 million at auction.
The show Million Pound Pawn featured pawnbrokers from around the country. Dan Hatfield of London Road Jewellers & Pawnbrokers in London, England, had an interesting scenario. He was approached by Fran, the owner of a Patek Philippe watch, and wanted to sell it for PS17,000, which would pay for a life-changing surgery for her son. After consulting with an expert, Dan was eager to make a deal.